The launch of Unichain, Uniswaps long awaited LAG-2 network, has seen the price of the decentralized Exchange’s Governance Token Uni Rise by about 4.5% to about $ 9.7 and led to a significant increase in social activity and mood.
Unis Price benefits from the launch of Unichain, but failed to break through the $ 10 mark. It still surpassed Bitcoin (BTC) in the short period since the launch of the Layer-2 network as cryptocurrency is down about 0.3% in the last 24 hours.
Sentiment around the token has been positive since the launch, where the number of positions on X increased by approx. 30% to over 1,400 with approx. 41% of those who were positive and 48% have a neutral tone, data from Thetie shows.
The increase is remarkable as positions on social media around token rose in the construction of Unichains launch. An Unichain Block Explorer shows that the network already has 15,000 active wallets and has processed nearly 100,000 transactions for its first day.
A remarkable post came from Hayden Adams, CEO of Uniswap Labs, which pointed to a promising future where the protocol will launch “many new improvements to speed up blockchain scaling.”
These include reduction of blocking times, making it possible to return the most maximum extractable value (MEV) to users, a further layer of financial security and trouble -free interoperability for unichain.
“In other words, relentless consignment will continue until Ethereum scales and defi are greater than Tradfi+Cefi combined. In just four months of test network, the network processed ~ 100 m transactions. Now it is live with 80+ projects that are already building on top (plus Uniswap + V2, V3 and V4 implementations are already alive), ”said Adams at X.
